You might also like...

The lifting of the housing revenue account borrowing cap has been lauded as one of the most significant developments for the sector in recent times. But experts have warned that this move alone is unlikely to lead to a revolution in housebuilding.

Councils with housing stock will be able to bid to the Treasury for an increase in borrowing on their housing revenue accounts “as soon as possible” and there will be no extra strings attached to the way these funds are used, LGC understands.

An LGC subscription...

...gives you access to LGCplus.com, containing an unparalleled database of tens of thousands of articles offering the news, data, guidance and case studies that councils need to withstand cuts and improve services